5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio despite economic uncertainty
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the resulting inflation and challenging economy highlight the value… Read More

Their new assets will lead to higher dividends

These two utility firms continue to add regulated pipelines and power plants. Those new assets will give them more cash flow to keep raising their dividends.
ENBRIDGE INC. $45 is a buy. The company (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares o/s: 2.0 billion; Market cap:… Read More

Opt for these dependable utilities over bonds

The Bank of Canada has now increased its benchmark interest rate by another 25 basis points—to 5.0%—in response to still-high inflation.
Generally, higher interest rates diminish the appeal of dividend-paying utility stocks, as investors shift to better-yielding bonds. Rising interest rates also increase utilities’ borrowing costs—and… Read More